Kirloskar Brothers Balance Sheet Health
Financial Health criteria checks 6/6
Kirloskar Brothers has a total shareholder equity of ₹14.8B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are ₹29.3B and ₹14.6B respectively. Kirloskar Brothers's EBIT is ₹4.2B making its interest coverage ratio 952.2. It has cash and short-term investments of ₹3.8B.
Key information
13.4%
Debt to equity ratio
₹1.98b
Debt
Interest coverage ratio | 952.2x |
Cash | ₹3.76b |
Equity | ₹14.76b |
Total liabilities | ₹14.56b |
Total assets | ₹29.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KIRLOSBROS's short term assets (₹20.1B) exceed its short term liabilities (₹12.6B).
Long Term Liabilities: KIRLOSBROS's short term assets (₹20.1B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: KIRLOSBROS has more cash than its total debt.
Reducing Debt: KIRLOSBROS's debt to equity ratio has reduced from 38.1% to 13.4% over the past 5 years.
Debt Coverage: KIRLOSBROS's debt is well covered by operating cash flow (196%).
Interest Coverage: KIRLOSBROS's interest payments on its debt are well covered by EBIT (952.2x coverage).